Stefano
Sun Aug 04 2024
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5 answers
1404
What is a numeraire price?
Can you please explain what a numeraire price is in simple terms? I've heard it mentioned in the context of cryptocurrency and finance, but I'm not entirely clear on the concept. Is it a specific type of price used for a particular purpose, or is it a more general term that applies to various situations? If possible, could you provide an example to help me better understand how it's used and why it's important?
